Vera Synthetic Ltd (VERA) — shareholding pattern, promoter holding, financials and share price
About Vera Synthetic Ltd (VERA)
Vera Synthetic Ltd operates in the Industrial Products industry, within the Capital Goods sector. It trades on the NSE as VERA and on the BSE under scrip code 535068. Its ISIN is INE709Z01015.
Incorporated in 2000, Vera Synthetic Ltd is in the business of manufacturing of fishing nets ropes, twines yarns, mainly high-density plastic products. [1]
Vera Synthetic Limited specializes in manufacturing fishing nets, PP yarns, PP/HDPE ropes, PP twines, and niwar, with a focus on the fishing sector.
The company operates under the 'Sujlon' brand, known for its quality and extensive range. With an installed capacity of 6000 MT annually, it positions as one of India's largest rope and fishing net manufacturers.
Listed peers in Industrial Products: Envair Electrodyne Ltd, SM Auto Stamping Ltd, Swastik Pipe Ltd, Arigato Universe Ltd, Hawa Engineers Ltd, Polymechplast Machines Ltd.
Valuation & Returns
At ₹65.6 a share, Vera Synthetic Ltd (VERA) was valued at a price-to-earnings ratio of 9.19x against an industry P/E of 48.01x and a price-to-book of 1.22x on a book value of ₹53.67 per share. Solomo computes return on equity of 13.32% and return on capital employed of 17.84% from filed results.
- P/E
- 9.19x
- Industry P/E
- 48.01x
- P/B
- 1.22x
- EPS (TTM)
- ₹4.11
- Book value / share
- ₹53.67
- ROE
- 13.32%
- ROCE
- 17.84%
- ROA
- 11.58%
- Debt / equity
- 0x
- Dividend yield
- 0%
- EBITDA margin
- 11.32%
- 52-week range
- ₹65.55 – ₹70
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Vera Synthetic Ltd (VERA) reported revenue of ₹50.59 crore, net profit of ₹3.53 crore and earnings per share of ₹7.15. That compares with revenue of ₹42.03 crore and net profit of ₹2.03 crore in Mar 2025. Figures are standalone, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹24.52 crore and net profit ₹1.54 crore (standalone).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 34.98 | 40.7 | 39.38 | 42.03 | 50.59 |
| Net profit (₹ cr) | 1.97 | 1.82 | 1.8 | 2.03 | 3.53 |
| EPS (₹) | 3.99 | 3.69 | 3.65 | 4.11 | 7.15 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 7.56% | 4.77% | 6.42% | 8.68% |
| Profit growth | 21.01% | 1.80% | 1.00% | 12.78% |
Ownership Summary
Mar 2026As of Mar 2026, promoters hold 68.66% of Vera Synthetic Ltd (VERA). Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2018.
Largest disclosed public shareholders in Mar 2026: Sheebaben Yogeshbhai Makwana 6.08%, Elite Inks Private Limited 4.8%, K P Woven Private Limited 1.52%, Chandresh Gigabhai Vandariya 1.52%, Khyati Pradeep Joshi 1.49%, Narendra Giga Vandaria 1.28%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Mar 2026 | 68.66% | - | - | - | - |
| Sep 2025 | 68.66% | - | - | - | - |
| Mar 2025 | 68.66% | - | - | - | - |
| Sep 2024 | 68.66% | - | - | - | - |
| Mar 2024 | 68.66% | - | - | - | - |
| Sep 2023 | 68.66% | - | - | - | - |
| Mar 2023 | 68.3% | - | - | - | - |
| Sep 2022 | 68.3% | - | - | - | - |